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LLOYDS TSB INTERNATIONAL
Monica Lewinsky speaks out on Bill Clinton affair: Why she believes then-US President should have resigned over their scandalMonica Lewinsky, who gained global attention in the 1990s for her affair with then-US President Bill Clinton, recently reflected on the sca...
Who is Pam Kaur, HSBC’s first female CFO in 160 years and a graduate of Panjab University?Pam Kaur has been appointed as the new CFO of HSBC, making her the first female to hold this role. She was previously HSBC’s chief risk and...
Cedar Management Consulting acquires the business of IBS Publishing, UKCedar Management Consulting International, a US-headquartered global consulting, advisory and analytics firm acquired IBS publishing, a UK ...
- Housing prices rise most in India
Housing prices in India witnessed the steepest rise in the world in the last 10 years since 2001. House prices in India have increased by 2...
- Now, e24.5-bn bailout for East Europe
Eastern Europe’s battered banking sector got a lifeline of e24.5 billion, with a group of multilateral financial institutions coming togeth...
- Lloyds's to pay US fine of $350 mn in sanctions probe
British-based Lloyds TSB Bank agreed to pay a $ 350 million penalty to settle a probe that it illegally handled financial transfers for Ira...
- British banks Lloyds and HBOS raising $28 billion in new capital
Lloyds TSB Group PLC said it will try to raise $7.3 billion from investors in a share offering, while HBOS PLC is looking for $13.8 billion...
- British banks to get cash infusion from government
The British government injected an unprecedented 37 billion pounds (US$63 billion) into some of the country's leading banks Monday to avoid...
- London investors seek stability after rollercoaster ride
Investors will be seeking stability on the London stock market in the coming days after one of the most volatile trading weeks in recent ti...
- Australian PM talks up economy as bank shares plunge
Australia's prime minister sought to reassure the country that its financial institutions were sound as shares in the country's biggest inv...
- Finance storm sweeps on after $85 bn AIG rescue
The global finance storm swept up a new victim on Wednesday as HBOS, Britain's biggest mortgage lender, was reportedly forced into takeover...
- Nortel to sponsor 2012 Games
Nortel Networks Corp., which provides networking equipment and services, signed up Wednesday as the seventh major sponsor of the 2012 Londo...
- Lloyd TSB's private equity arm plans office in India
British banking major Lloyd TSB's private equity arm LDC is planning to open offices in India and mainland China in the next two-three year...
- Lloyds TSB may bid for Allianz’ Dresdner Bank
Lloyds TSB Group, Britain’s biggest provider of checking accounts, may bid for Allianz’ Dresdner Bank to reduce dependence on the UK, where...
- Libor to be set by more banks as BBA boosts scrutiny
The British Bankers’ Association, yielding to pressure from investors and regulators, will increase the number of banks that set the London...
- Citi rejigs top deck, replaces prime brokerage co-heads
Citigroup replaced Ali Hackett and Tom Tesauro, co-heads of global equity finance and prime brokerage, extending a management reshuffle fol...
- 'Asia may have multiple financial hubs'
A top London-based banker predicts that no one city will emerge as Asia’s undisputed financial hub in the next decade.
- Northern Rock customers pull out
Despite government’s assurance, thousands withdrew more than £1.5 bn over the weekend; more exits likely.
- ICICI may consolidate overseas arms
India’s second largest bank - ICICI Bank - may consolidate its overseas operations under one company ICICI Bank UK, according to industry s...
- ICICI Bank signs pact to raise $1-b yen funds
India’s second largest bank ICICI Bank on Thursday announced the signing of a $1-billion yen-equivalent loan syndication agreement in Genev...